Initial price	£198,500
27/10/24	£198,000
Price Change	-0.25%

This property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, which is a plan designed for those aged 60 or over. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost of the Lifetime Lease typically being less than the full market value. For this property, the Lifetime Lease price is £198,000, which is a 33% saving on the market value of £300,000. The property itself is a well-presented apartment with a balcony, en-suite bathroom, and allocated parking, located close to Barking underground station.